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Showing 2 posts tagged P3s.
Proposed Bill Would Promote P3s in Kentucky
In July, the Kentucky Chamber of Commerce released a report entitled Private Solutions to Public Problems: Partnerships to Build a Better Government. The Chamber report, which was the subject of an earlier post, describes the benefits that public-private partnerships ("P3s") can provide to the Commonwealth. As a refresher, a public-private partnership typically involves a working relationship between a state or local government unit and a private business under which the business builds, finances and/or operates a project the governmental agency would have financed, built and operated in years past. The Kentucky Chamber report provides a broader definition that includes the provision by private entities of a wider variety of government services. More >
Kentucky's Use of Public-Private Partnerships
"P3s." It sounds like the name of a new video game console, but the abbreviation stands for "public-private partnerships" and this term is becoming increasingly popular. In July, the Kentucky Chamber of Commerce announced that they would soon be releasing a report outlining the benefits of P3s. So, what exactly is a P3? More >
